SCA books record-high profits in 2022 despite a downturn in business in Q4

Spain’s forest, pulp and paper group Iberpapel, the parent company of the Papelera Guipuzcoana de Zicuñaga, has posted a strong result for the financial year 2022. “In a year marked by macroeconomic and geopolitical uncertainty” the group increased its sales by almost 25 per cent to €295m. The group’s Ebitda increased...

Swiss industrial holding CPH group reported a strong year in all business segments. All three business divisions – Paper, Packaging and Chemistry – raised their 2022 net sales on higher sales prices, the group explained. The group’s net sales increased by 46 per cent against the previous year to CHF725m in 2022. Higher...

Despite a lull in deliveries in the fourth quarter, Arctic Paper posted an all-time high in its 2022 financial year profits. After implementing price increases in the course of the year, the company earned around PLN6,600 (approx. €1,450) per tonne of paper sold in the fourth quarter, which is around 60 per cent more...